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I Found an Untapped Home Service Business with 75% Profit Margins

Get my 12 favorite biz ideas for 2024, with full launch plans included here: https://tkopod.co/youtubeD

I sat down to discuss an incredible niche business, J&D Lake Services – a pond cleaning company started by college students Declan & Joe. They literally went to Home Depot, bought a garden rake, and began scraping the bottoms of ponds for wealthy homeowners, “raking” in an incredible 75% net margin. Before their entry, pond cleaning companies relied on dumping chemicals, which would harm fish and plants. J&D Lake Services took a different approach: manually removing weeds. It’s hard, sweaty work, but they’ve found a space with no competitors and made it a cash cow.

Follow J&D Lake Services for more:
https://www.instagram.com/jdlakeservices/
https://www.facebook.com/people/JD-Lake-Services/61561499626365/
https://www.tiktok.com/@jdseaweedremoval
https://www.youtube.com/channel/UCONm4SiAEfy6dyvf-_c-Msg

Timestamps below. Enjoy!

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Learn more about me: https://www.chrisjkoerner.com/
Business ideas shorts channel: ⁨@thekoernerofficeideas⁩ (https://studio.youtube.com/channel/UCzjpCGEXR7BU-_SJSl59CGQ)
The Koerner Office highlights: ⁨@thekoernerofficesegments⁩ (https://studio.youtube.com/channel/UCYEzHNmI-1oIqimmOnul_fg)
AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/

00:00 Highlights
00:50 Meet J and D Lake Services
01:21 The Origin Story
01:42 First Big Break: Dock Installations
03:38 Transition to Lake Cleaning
05:24 Pricing Strategies and Challenges
11:38 Expanding to Pond Services
18:04 Chemical vs. Physical Pond Maintenance
28:00 Understanding Pricing Challenges
28:31 Client Consultation and Custom Pricing
28:57 Estimating and Quoting Jobs
29:54 High Close Rates and Competitor Insights
30:37 Unique Business Stories and Experiences
38:20 Social Media Strategies for Business Growth
43:37 The Boat Story: A Game Changer
50:43 Final Thoughts and Contact Information

For the algorithm:
#NicheBusinessIdeas #HighProfitMargin #LakeServices #ManualWeedRemoval #BusinessSuccessStories #Entrepreneurship #SmallBusinessGrowth #CollegeEntrepreneurs #HomeServiceBusiness #SustainablePondCleaning #UniqueBusinessModel #WeedRemoval #LakeManagement #NoCompetition #HomeownerServices #HomeImprovement #StartUpSuccess #SweatEquity #ServiceIndustry #HardWorkPaysOff #ProfitableBusiness #PondMaintenance #LakeRestoration #EcoFriendlyBusiness #BusinessInspiration #InnovativeEntrepreneurship #StartupJourney #NatureServiceBusiness #RichHomeownerServices #BusinessDeepDive #DIYBusiness #EntrepreneurialIdeas #BusinessMindset #BusinessOpportunities #HighNetMargins #BusinessInnovation #SelfMadeSuccess #LocalBusiness #EnvironmentalBusiness #EcoConsciousBusiness #BusinessTalk #UniqueBusinessSuccess #SideHustleToBusiness #DIYSuccess #BusinessMotivation #TKOShow #BusinessPodcast


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